Fair Isaac Co. (FICO) CFO Sells $1,545,694.98 in Stock
Fair Isaac Co. (NYSE:FICO) CFO Michael J. Pung sold 11,801 shares of Fair Isaac stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of $130.98, for a total transaction of $1,545,694.98. Following the completion of the sale, the chief financial officer now owns 4 shares of the company’s stock, valued at $523.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Michael J. Pung also recently made the following trade(s):
- On Thursday, March 9th, Michael J. Pung sold 699 shares of Fair Isaac stock. The shares were sold at an average price of $130.32, for a total transaction of $91,093.68.
Fair Isaac Co. (NYSE:FICO) opened at 130.71 on Tuesday. The company has a 50-day moving average of $128.38 and a 200-day moving average of $123.50. The company has a market capitalization of $4.06 billion, a PE ratio of 32.98 and a beta of 1.24. Fair Isaac Co. has a 52 week low of $99.40 and a 52 week high of $133.14.
Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, January 31st. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.39. The company had revenue of $219.60 million for the quarter, compared to analyst estimates of $212.55 million. Fair Isaac had a return on equity of 30.90% and a net margin of 14.22%. Fair Isaac’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 earnings per share. On average, equities research analysts anticipate that Fair Isaac Co. will post $4.97 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 17th. Shareholders of record on Friday, March 3rd were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.06%. The ex-dividend date of this dividend was Wednesday, March 1st. Fair Isaac’s dividend payout ratio (DPR) is 2.02%.
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A number of equities research analysts have recently weighed in on FICO shares. Wells Fargo & Co set a $130.00 price target on shares of Fair Isaac and gave the company a “buy” rating in a research report on Tuesday, December 6th. Zacks Investment Research upgraded shares of Fair Isaac from a “sell” rating to a “hold” rating in a research report on Tuesday, January 10th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $126.25.
A number of hedge funds have recently bought and sold shares of the stock. Alambic Investment Management L.P. raised its stake in Fair Isaac by 0.5% in the third quarter. Alambic Investment Management L.P. now owns 5,520 shares of the company’s stock valued at $688,000 after buying an additional 30 shares during the period. World Asset Management Inc bought a new stake in Fair Isaac during the third quarter worth approximately $251,000. Old Mutual Global Investors UK Ltd. bought a new stake in Fair Isaac during the third quarter worth approximately $855,000. Strs Ohio raised its stake in Fair Isaac by 133.3% in the third quarter. Strs Ohio now owns 12,600 shares of the company’s stock worth $1,569,000 after buying an additional 7,200 shares during the last quarter. Finally, Insight Capital Research & Management Inc. bought a new stake in Fair Isaac during the third quarter worth approximately $2,129,000. 90.58% of the stock is currently owned by institutional investors.
Fair Isaac Company Profile
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
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